IFRS 16 is relevant if a company has entered into a lease contract (including an office space lease) with a lease term of more than one year. Do you know how to reflect a lease contract in the financial statements under IFRS? Are you a lessor or a lessee? Are you wondering what a right of use and a lease liability are, and how to determine their value? Then this training has been designed especial
No dates available. If you are interested in attending the training, please fill the form.
Using practical examples, the training course will show you the effects of concluding a lease contract and a potential price increase due to indexation on the lessee's statements (recognition of the right of use and its subsequent depreciation, recognition of a liability from lease contracts). We will provide a summary of the guidance for lessors (finance vs. operating lease) as well as of matters connected with sub-leases.
If you are interested in other issues related to the reporting of leases (indefinite-term contracts, amendments to lease contracts, sale and subsequent lease, determination of the discount rate), take a look at the follow-up training course, IFRS 16 – complex issues.
During the course, you will:
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